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'Sahara Sebi' - 157 News Result(s)

  • Sebi Makes Fresh Bid to Find Sahara Investors

    Sebi Makes Fresh Bid to Find Sahara Investors

    In a fresh effort to locate Sahara investors eligible for refunds, the Securities and Exchange Board of India (Sebi) has asked bondholders to submit their claims by next month along with necessary proof of their investments.

  • Sahara Allowed to Sell Properties Worth Rs 2,700 Crore

    Sahara Allowed to Sell Properties Worth Rs 2,700 Crore

    The Supreme Court on Tuesday permitted the Sahara Group to proceed with the sale of four domestic properties in its bid to raise Rs 10,000 crore for the release of its jailed chief Subrata Roy. The property sale is likely to fetch Rs 2,710 crore.

  • Sahara Looks to Raise $650 Million Loan to Fund Bail

    Sahara Looks to Raise $650 Million Loan to Fund Bail

    The Sahara conglomerate on Friday said it aimed to raise $650 million (Rs 4,037 crore at 1 dollar = 61 rupees) in loans to secure the release of its chief, in jail for nearly nine months over the group's failure to refund billions of dollars to inves...

  • Sebi Piles Pressure on Sahara to Sell Overseas Hotels

    Sebi Piles Pressure on Sahara to Sell Overseas Hotels

    The Securities and Exchange Board of India (Sebi) has accused Sahara of deliberately failing to sell its marquee overseas hotels in New York and London, seen as crucial to it complying with an order to repay investors and secure the release of jailed...

  • Sahara Not Interested in Selling Properties: Sebi

    Sahara Not Interested in Selling Properties: Sebi

    Market regulator Securities and Exchange Board of India or Sebi on Thursday moved Supreme Court over Sahara's failure to sell properties to repay investors. In its petition, the market regulator said it has received complaints from buyers that Sahara...

  • Special Court to Hear Sebi Matters Likely Soon

    Special Court to Hear Sebi Matters Likely Soon

    To fast track prosecution and investigations initiated by the Securities and Exchange Board of India (Sebi) against defaulters, a special court may be set up soon to hear such cases as the regulator has taken up this matter with the government and ju...

  • Sahara Seeks More Time to Seal Rs 1,800 Crore Property Deal

    Sahara Seeks More Time to Seal Rs 1,800 Crore Property Deal

    Sahara chief Subrata Roy today moved Supreme Court seeking more time for negotiations to sell properties. Sahara chiefs lawyer told the top court that he needs ten more days as the negotiations are in crucial stage and likely to get fetch around Rs 1...

  • Enact Laws to Protect Depositors' Money: Sebi to States

    Enact Laws to Protect Depositors' Money: Sebi to States

    The Securities and Exchange Board of India (Sebi) on Monday asked the states to enact laws to ensure depositors' interests are safeguarded.

  • Sebi Makes Fresh Bid to Find Sahara Investors; Sets Deadline

    Sebi Makes Fresh Bid to Find Sahara Investors; Sets Deadline

    Those having invested in various bonds issued by two Sahara firms, Sahara India Real Estate Corp Ltd (SIRECL) and Sahara Housing Investment Corp Ltd (SHICL) have been asked by Sebi to submit their refund applications along with necessary documentary ...

  • Sahara Chief Gets 15 More Days to Negotiate Deals from Hi-Tech Office in Jail

    Sahara Chief Gets 15 More Days to Negotiate Deals from Hi-Tech Office in Jail

    Mr Roy was jailed in March after he failed to appear at a contempt hearing in the long-running dispute with the capital markets watchdog Sebi (Securities and Exchange Board of India) over the company's failure to repay crores to investors who were so...

  • Jailed Subrata Roy Gets Office to Negotiate Hotel Sales

    Jailed Subrata Roy Gets Office to Negotiate Hotel Sales

    Roy, head of the Sahara conglomerate, was jailed on March 4 for failing to appear in court in a legal battle with India's capital market's watchdog. He needs to raise Rs 10,000 crore to have a chance of release.

  • For 10 days, Jailed Sahara Chief Subrata Roy Can Stay in Conference Room

    For 10 days, Jailed Sahara Chief Subrata Roy Can Stay in Conference Room

    Mr Roy has been lodged in Tihar Jail since March this year.

  • Sahara Chief Subrata Roy Seeks Wi-Fi, Conference Room at Tihar Jail

    Sahara Chief Subrata Roy Seeks Wi-Fi, Conference Room at Tihar Jail

    Mr Roy, 66, has been arrested over his group's failure to repay lakhs of small investors who were sold bonds that were later declared illegal. Numerous attempts by lawyers to have him released on bail have been unsuccessful.

  • Sahara Chief Has to Conduct Asset Sale Talks From Jail: Court

    Sahara Chief Has to Conduct Asset Sale Talks From Jail: Court

    The top court has asked the jail authorities to come up with suggestions as to where Mr Roy can negotiate asset sale deals within the Tihar Jail premises. The next hearing has been posted for Wednesday.

  • Supreme Court Rejects Sahara Chief's Plea For Bail To Conduct Business

    Supreme Court Rejects Sahara Chief's Plea For Bail To Conduct Business

    The Supreme Court has refused bail to Sahara chief Subrata Roy, who had sought that he be released for 40 days to finalise the sale of three hotels his company owns abroad. Mr Roy has been lodged at Delhi's Tihar Jail since March 4 this year.

  • Sahara Tells Court Rs 3,117 Crore Deposited With Sebi

    Sahara Tells Court Rs 3,117 Crore Deposited With Sebi

    The Sahara group on Monday filed an affidavit in the Supreme Court stating that it has deposited Rs 3,117 crore so far with the Securities and Exchange Board of India (Sebi).

  • Supreme Court Likely to Deliver Verdict on Subrata Roy Plea on Tuesday

    Supreme Court Likely to Deliver Verdict on Subrata Roy Plea on Tuesday

    The Supreme Court is likely to deliver its verdict on Sahara Chief Subrata Roy's petition on Tuesday, challenging its decision to send him to jail for not complying with its order to deposit around Rs. 20,000 crore of investors' money with the Securi...

  • Supreme Court Accuses Sahara Chief of 'Mind Games', Rejects Bail

    Supreme Court Accuses Sahara Chief of 'Mind Games', Rejects Bail

    The Supreme Court had earlier granted conditional bail to Mr Roy, saying that he has to pay Rs 5,000 crore in cash and another Rs 5,000 crore in bank guarantee.

  • Sahara chief Subrata Roy to remain in jail as Supreme Court reserves judgement

    Sahara chief Subrata Roy to remain in jail as Supreme Court reserves judgement

    According to Sahara's new proposal, it will deposit Rs 3,000 crore by April 25, if Mr Roy is released and another Rs 2,000 crore by May 30. Sahara also said that it will give bank guarantees worth Rs 5,000 crore before June 20.

  • Sahara properties that may buy Subrata Roy freedom

    Sahara properties that may buy Subrata Roy freedom

    Sahara lawyers on Wednesday had pleaded that Mr Roy be kept under house arrest so that he could negotiate a deal with the international buyer, stating that no global buyer would like to do business in a jail. However the top court refused to budge.

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